EU-28: Oilseeds and Products Annual
Total EU-28 oilseeds production for marketing year (MY) 2015/16 is expected to decline by about 9 percent to 32 million metric tons (MMT). Following record yields in MY 2014/15 this is a result of lower and more average yields expectations and partially of reduced acreage. Rapeseed production is forecast to be more than 11 percent lower than in MY 2014/15 and may reach 21.3 MMT. Sunflower production is anticipated to be down by 5 percent at 8.5 MMT. Still at a relatively low level but increasing production through increased acreage is expected for soybeans. Forecast for soybean production in MY 2015/16 is at 1.7 MMT. Ample global soybean supplies in combination with growing European poultry and livestock sectors are expected to boost the use of soybean meal in animal feed.